Thursday, October 7, 2021

WELCORP | Stock Analysis & Price Outlook

           

investment , finvestonline.com

Welspun Corp Limited

CMP 146


➽  Welspun Corp Limited, together with its subsidiaries, manufactures and sells steel pipes, plates, and coils in the United States, Saudi Arabia, and India. 


The company offers helically submerged arc welded line pipes, longitudinally welded pipes, electric resistance/high frequency induction welded pipes, and pig iron and ductile iron pipes, as well as provides double jointing, pipe bending, ID machining, and dump site and inventory management services. 


Its products are used in onshore and offshore oil, gas, and water transmission; and downstream oil and gas distribution industries. The company was formerly known as Welspun Gujarat Stahl Rohren Limited and changed its name to Welspun Corp Limited in April 2010. Welspun Corp Limited was incorporated in 1995 and is based in Mumbai, India.


SUVEN | Potential Outperformer



  Price Levels

Stock looks good on short to  mid term time period. Long for the levels of  164 - 188 .



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